January 11, 2012
 A man works at a steel factory in Que Vo District, outside Hanoi . Many companies in Vietnam are facing higher operation costs and lower profits. An annual report that ranks Vietnam’s 500 largest companies based on revenues, profit, growth rate, assets, and number of employees shows that returns are declining for private companies. [...]
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January 30, 2010
Local private carrier Indochina Airlines, which had its license revoked early this week, said it will refund 1,450 tickets worth nearly VND2 billion (US$108,000). Passengers who bought tickets for flights between January 26 and March 23 have been contacted about their refunds, local news website VnExpress cited an Indochina representative as saying. As of Thursday, [...]
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January 27, 2010
LookAtVietnam – The rising number of newly established businesses year after year shows the strong vitality of the private economic sector and their high quality. This conclusion has not been shared by many experts. Tran Kim Hao, Editor in Chief of Quan Ly Kinh Te Journal (Economic Management), commented that ‘this is an overly optimistic assessment.” Dr [...]
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January 22, 2010
The Ministry of Planning and Investment has submitted to the government an economic restructuring scheme, including a proposal to set up an Economic Development Ministry. Nguyen Dinh Cung, vice director of the Central Institute for Economic Management (CIEM), which compiled the scheme, talked about the scheme. According to Cung, after analyzing problems in the current economic [...]
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January 11, 2010
Workers buy shoes on the street near the Bac Thang Long Industrial Park in Hanoi. Workers worry inflation will null the value of their extra holiday money. Holding a package of vegetables, tofu and cooking oil she planned to cook dinner with, Le Thi Ha returned to her dilapidated room dead tired after working overtime.She [...]
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January 2, 2010
TNS Vietnam, Kantar Worldpanel and Kantar Media have identified several key trends that will influence consumerism in 2010. One year ago, Vietnam was marred in its first recession in modern history and the prospects of the average consumer were looking bleak. Twelve months later, it appears that Vietnamese consumers seem to have weathered “the perfect [...]
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December 21, 2009
LookAtVietnam – The 2009 VNR 500 affirms the leading role of SOEs as well as the strong development of private businesses and FIEs. On November 25, 2009, VietNamNet newspaper, in cooperation with Vietnam Report Company, released the 2009 VNR 500 report, ranking the top Vietnamese 500 enterprises. SOEs still have low efficiency level Vietnam had 5,600 SOEs [...]
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December 14, 2009
Power hungry Vietnam will turn to rice husk in a big way as it seeks renewable energy sources to support its economic development. LookAtVietnam – Power hungry Vietnam will turn to rice husk in a big way as it seeks renewable energy sources to support its economic development. A plan to develop a rice husk [...]
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December 13, 2009
Rice husk is loaded onto boats from a rice mill in the Mekong Delta Power hungry Vietnam will turn to rice husk in a big way as it seeks renewable energy sources to support its economic development. A plan to develop a rice husk biomass plant in Can Tho City was proposed by a consortium [...]
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November 19, 2009
VietJet Aviation Joint Stock Co. (Vietjet Air) is seeking approval to commence its domestic flights in May 2010, or five months later than the deadline for the private airline. Vo Huy Cuong of the Civil Aviation Administration of Vietnam (CAAV) confirmed Vietjet Air’s application for such approval from the Ministry of Transport and pointed out [...]
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